$VIX = Possible Bottom = 06.11.2021 #stockmarket $vxx #investing #trading

$VIX on Friday made a humble attempt to form a bottom. The daily candle closed just a tad above Wednesday’s high in order to confirm a bullish reversal formation on a diverging MACD.
$VIX is expected to jump higher on Monday, but its further path would depend on the closing print. If, for example, it closes above 100 MA (~$18), it would confirm a Double Bottom.


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